Arete Wealth Advisors LLC Raises Stock Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Arete Wealth Advisors LLC lifted its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 33.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 25,818 shares of the exchange traded fund’s stock after acquiring an additional 6,425 shares during the quarter. iShares Russell 1000 Growth ETF accounts for about 0.8% of Arete Wealth Advisors LLC’s portfolio, making the stock its 25th largest position. Arete Wealth Advisors LLC’s holdings in iShares Russell 1000 Growth ETF were worth $9,637,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Sunbelt Securities Inc. increased its holdings in shares of iShares Russell 1000 Growth ETF by 4.4% in the 3rd quarter. Sunbelt Securities Inc. now owns 2,584 shares of the exchange traded fund’s stock valued at $970,000 after acquiring an additional 109 shares during the last quarter. Wilson & Boucher Capital Management LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF during the 3rd quarter worth approximately $306,000. Orion Capital Management LLC raised its stake in iShares Russell 1000 Growth ETF by 4.4% during the 3rd quarter. Orion Capital Management LLC now owns 846 shares of the exchange traded fund’s stock worth $318,000 after acquiring an additional 36 shares in the last quarter. Greenwood Gearhart Inc. lifted its position in iShares Russell 1000 Growth ETF by 1.7% in the third quarter. Greenwood Gearhart Inc. now owns 3,796 shares of the exchange traded fund’s stock valued at $1,425,000 after acquiring an additional 63 shares during the last quarter. Finally, Brophy Wealth Management LLC acquired a new position in iShares Russell 1000 Growth ETF in the third quarter valued at $375,000.

iShares Russell 1000 Growth ETF Stock Performance

iShares Russell 1000 Growth ETF stock opened at $408.98 on Wednesday. The company has a market capitalization of $108.20 billion, a P/E ratio of 35.64 and a beta of 1.20. iShares Russell 1000 Growth ETF has a fifty-two week low of $292.57 and a fifty-two week high of $413.16. The stock has a 50-day simple moving average of $388.24 and a 200-day simple moving average of $370.57.

About iShares Russell 1000 Growth ETF

iShares Russell 1000 Growth ETF (the Fund), formerly iShares Russell 1000 Growth Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment returns that correspond generally to the price and yield performance of the Russell 1000 Growth Index (the Index). The Index measures the performance of equity securities of Russell 1000 index issuers with relatively higher price-to-book ratios and higher forecasted growth.